Market On Open, Thursday 26 September

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Shorts, Squeezed

by Alex King, CEO, Cestrian Capital Research, Inc

Well, clearly the world and their dogs were short into Micron earnings. Personally, and as alerted to our Inner Circle subscribers ahead of time, I banked +30% on Micron in two weeks, selling at the open today.

The market faded during the morning and has since rallied back; plenty of folks are getting taken by surprise to the upside, again. The bull market since October 2022 has sure burned a lot of accounts.

Anyway, whilst the dust settles, let’s take a look at where markets stand right now.

Short- And Medium-Term Market Analysis

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